What's with Five Below? How are the stocks so strong?
While retailers are shutting down their stores, 5B is opening new ones. Their stocks are high too (much higher than Target). How do you think it's going to survive in this tough competition? What's the future of 5b and is it a good idea to join them at this time?
“Their stocks are high too (much higher than Target).” This is so dumb lol, their market cap is only ~7.4B. However, it’s a slightly elevated dollar store experience, they do a good job with merchandising, and that sector is and has been high growth
Also- start selling consumables. They bring in higher, more consistent traffic than hard goods
It should be a red flag that discount stores are doing better while higher-end stores are having problems.
Been a trend in Retail for some time. Red flag for what...the economy?
Also we’re all hustling against Amazon’s monopolistic practices of selling at a loss to drive out competition
Riding coat tails of dollar store. Tiny liabilities compared to TGT.